(+351) 932 224 792 
info@luznurcapital.com For Equity Investors · Portugal
You have the capital. We find the deal.
For family offices and private investors with capital to place in Portuguese real estate projects. We source the projects, many of them off-market, move quickly to secure them, and introduce you to the licensed investment managers and private equity firms that structure and run each investment.
In short
Luznur Capital sources real estate projects in Portugal for equity investors: residential developments and luxury villas, student housing, hotels and aparthotels, offices, and land sold with an approved project. We find and secure the deal, introduce the investor to a licensed investment manager who structures the investment, and have the delivery team in place. We are paid on the real estate transaction, not on the investor's capital.
Who Does What
Three roles, kept separate.
An investor should know exactly who is responsible for what. We bring the deal. A licensed manager runs the investment. Partner firms, the lawyers first among them, secure and deliver the project.
Luznur Capital
The deal
We source the project, on and off the market, check the property and the parties on the other side, and move quickly to secure it.
The investment manager
The investment
A licensed investment manager or private equity firm structures the investment, sets its terms, carries out its own checks on investors, and runs it. Your capital is committed with them, never with us.
The partner firms
The project and its structure
Real estate, tax and corporate lawyers, to secure the deal and set up the company or SPV that holds it. Architecture, engineering and on-site construction oversight, to deliver it.
Some projects are sourced by Luznur Capital. Others are already secured by the investment managers we work with, who are open to further equity partners. In both cases the structure, the vehicle and the terms are set by the investment manager and discussed with you directly. Luznur Capital acts as a real estate broker and makes the introduction.
The Projects
What we source, and where.
From a five-unit scheme to an office building, across the markets where we have the network to find a project before it is advertised.
Residential
Residential development
New-build projects of about 5 to 50 units, from mid-market housing to prime.
Luxury villas
Villas and small villa schemes, especially in Tróia and Comporta.
Student housing
Purpose-built student accommodation (PBSA) in university cities.
Hospitality and offices
Hotels
Operating hotels, and hotels ready to reposition.
Aparthotels and tourist developments
Aparthotels and licensed tourist developments.
Offices
Office buildings, from core and core-plus assets to repositioning.
Land and rehabilitation
Development land
Land for residential, tourist or commercial development.
Land with an approved project
Land acquired, taken through approval, and sold with the project approved. The approval is where the value is added.
Rehabilitation
Buildings to restore and reposition, in city centers and on the coast.
Lisbon
Residential, offices and hotels.
Porto
Residential, student housing and hotels.
Braga
Mid-market and student housing.
Setúbal
Mid-market residential.
Algarve
Hotels, tourist developments and villas.
Tróia & Comporta
Luxury villas.
And elsewhere in Portugal, where a project calls for it
Why Luznur Capital
Found early, secured fast.
A project is only worth your attention if it can be secured and delivered. We bring the access to find it, the lawyers to secure it quickly, and the team to build it.
Projects we have introduced to investment managers have received offers. We name no partner and no project publicly.
Off-market access
Many projects reach us before they reach the market, through owners, developers and our network.
Speed
A good project does not wait. Our network of real estate, tax and corporate lawyers can act at once, so a project is secured while the checks are completed.
Delivery in place
The architect, the engineers and site oversight already work with us, so a project can start without assembling a team.
A personal service
One point of contact from the first conversation onward. João Carvalho answers personally.
Paid on the transaction
We are paid for real estate brokerage, on the acquisition and on the sale of the units. We charge no fee on the capital you invest.
How It Works
From a first conversation to the project, in five stages.
01
A private conversation
What you are looking for: the type of project, the region, the size of the investment and your horizon. Nothing is committed.
02
Your profile
A short profile, so that we bring you only what fits. Identity and source-of-funds checks are part of every engagement.
03
The introduction
When a project fits, we introduce you to the investment manager behind it, under NDA where it is needed.
04
The manager's terms
The manager presents the structure, the documents and the terms. You decide with your own legal, tax and investment advisors.
05
The deal
We complete the real estate side: the acquisition, the delivery team and, later, the sale of the units.
Questions investors ask
What does Luznur Capital do for equity investors?
We source real estate projects in Portugal, many of them off-market, and introduce investors who have capital to place to the licensed investment managers and private equity firms that structure each investment. We also have the partner firms in place: real estate, tax and corporate lawyers, architecture, engineering and construction oversight.
Is Luznur Capital a fund manager?
No. Luznur Capital is a licensed real estate brokerage (AMI 22354). We source projects and make introductions. We do not manage funds, hold investor money or give investment advice.
Who holds my money?
Never Luznur Capital. Your capital is committed with the investment manager, or in the vehicle it sets up for the project, on the documents and terms it provides and after its own checks.
How is Luznur Capital paid?
For real estate brokerage: on the acquisition of the property and, where we are mandated, on the sale of the finished units. We charge no fee on the capital you invest.
What kinds of projects do you source?
Residential developments of about 5 to 50 units, from mid-market housing to luxury villas; student housing; hotels, aparthotels and tourist developments; offices; buildings for rehabilitation; and land, including land to be sold with an approved project.
Is there a minimum investment?
It depends on the project and on the investment manager. Tell us the range you are considering and we will say plainly whether we have something that fits.
What returns can I expect?
We do not state or project returns. Any figures come from the investment manager, in its own documents, for a specific project. Real estate projects carry risk, including the loss of capital.
Can I invest from abroad?
Yes. Most of our clients are international. The investment manager carries out its own identity and source-of-funds checks, and your tax position should be confirmed with a tax advisor. We can introduce one.
Are the projects advertised?
Most are not. Projects are shared individually with investors whose profile fits, under NDA where the owner or the manager requires it.
Does investing in a project qualify for a Golden Visa?
Not as a rule. The Golden Visa has its own routes, private equity investment and cultural donation, confirmed and filed by our immigration partners. Some funds that qualify for the private equity route invest in hospitality businesses, such as companies that operate hotels. There you commit capital to the fund and take no part in a single project. See the Golden Visa fund route and all the routes.
A Conversation
Tell us what your capital is looking for.
A line on the kind of project, the region and the size of investment you have in mind is enough to begin. Inquiries from a family office, lawyer or advisor acting for an investor are handled with the same discretion as the investor's own.
No offer is made here
This page presents no investment. A project is discussed only once we know it fits you.
No documents at first contact
We ask for them only once there is a reason to.
No obligation
A conversation commits neither side to anything.
Investidor em Portugal? Pode escrever-nos em português.
Prefer a direct line?
Your investment profile.
Only your name and email are required. You can write in English, Portuguese or Spanish.
Transparency · Confidentiality · Execution
Orientation only. Luznur Capital is the commercial name of Lusomena Investments, Unipessoal Lda., a licensed real estate brokerage holding AMI 22354 and a member of APEMIP. In the activity described on this page, Luznur Capital acts as a real estate broker: it sources property and makes introductions. It does not manage or hold investor money and does not give investment advice. Investments are made with licensed third-party investment managers, who are responsible for their own offering, documents and investor checks.
This page is not an offer or a solicitation to invest in any fund, security or project, and it states no expected return. Real estate projects carry risk, including the loss of capital. Nothing here is legal, tax or investment advice; those matters are for the investor's own advisors or our regulated partner firms.
Lusomena Investments, Unipessoal Lda. · AMI 22354 · info@luznurcapital.com · +351 932 224 792
Begin a private conversation.
Tell us what you are looking to achieve. A line on the objective, the market, and the timeline is enough to begin. Every enquiry is answered personally by João Carvalho, in confidence. info@luznurcapital.com